Additive Chemicals

CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES

ExxonMobil | December 15, 2022

ExxonMobil today announced successful startup of one of the largest advanced recycling facilities in North America. The facility at the company’s integrated manufacturing complex in Baytown, Texas, uses proprietary technology to break down hard-to-recycle plastics and transform them into raw materials for new products. It is capable of processing more than 80 million pounds of plastic waste per year, supporting a circular economy for post-use plastics and helping divert plastic waste curre...

CHEMICAL MANAGEMENT

Novoloop | June 03, 2022

Advanced upcycling startup Novoloop expands its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions. This nearly doubles the company's raise of $11 million announced in February, which sparked additional investor interest. "This round brings together mission-driven financial investors and industry strategics who believe in our vision of a circular economy for plastics. We're thrilled to make...

CHEMICAL TECHNOLOGY

Benvic Group | August 17, 2021

Benvic announces the acquisition of the US-based Chemres, a leading provider of polymers, custom compounds and solutions for a variety of industries including medical, packaging, wire & cable. Headquartered in Princeton (New Jersey) and with operations in Chesapeake (Virginia), Chemres is a specialty compounder with a strong position in the US contact lens market and it also has long-term customer relationships in the medical, wire & cable, and packaging industries. The co...

CHEMICAL MANAGEMENT

CEMEX | April 19, 2022

CEMEX, S.A.B. de C.V. continues its path to a net-zero future by joining forces with integrated chemicals and energy company Sasol ecoFT and renewable energy company ENERTRAG in a milestone project that will combine CO2 with hydrogen to produce sustainable aviation fuel. This project is part of CEMEX's Future in Action program to reduce its carbon footprint and contribute to a circular economy and an integral component of CEMEX’s master plan to develop a carbon neutral operation at its...